YOU MUST HAVE THIS STUDY

LEXINGTON, Massachusetts (January 7, 2019) – WinterGreen Research announces that it has published a new study Rehabilitation Robots: Market Shares, Strategy, and Forecasts, Worldwide, 2019 to 2025. The 2019 study has 564 pages, 269 tables and figures. Worldwide Rehabilitation Robot markets are expected to achieve significant growth as robots replace much of the human work in physical therapy.

The robots are steadier, make fewer mistakes, support treatment for longer durations, and decrease the cost of rehabilitation for many conditions. The robots permit a more accurate rehabilitation routine for any specific condition than is possible with human physical therapy in many cases.

Robotics has tremendous ability to reduce disability and lead to better outcomes for patients with stroke. With the use of rehabilitation robots, patient recovery of function is able to be more substantial than what is achieved now. Whereas traditional rehabilitation with a human therapist goes on for a few weeks, people using robots are able to make continued progress in regaining functionality even years after an injury or stroke.

It is a question of cost. While insurance pays for a small amount of rehabilitation needed, generally provided by a human therapist, using a robot is far less costly process, and can be effective over the long term, even without reimbursement. Marketing has a tremendous effect in convincing people that they can achieve improvements from rehabilitation processes even after years of effort.

Rehabilitation robotics devices are used for assisting performance of sensorimotor functions. Devices help arm, hand, leg rehabilitation by supporting repetitive motion that builds neurological pathways to support use of the muscles. Development of different robotic schemes for assisting therapeutic training is innovative.

According to Susan Eustis, principal author of the team that developed the market research study, “Robotic therapy stimulus of upper limbs provides an example of the excellent motor recovery after stroke that can be achieved using rehabilitation robots.” Lower limb systems and exoskeleton systems provide wheelchair bound patients the ability to get out of a wheelchair

No company dominates the entire rehabilitation robot market sector. The products that work are still emerging as commercial devices. All the products that are now commercially viable are positioned to achieve significant staying power in the market long term, providing those companies that offer them with a possibility for long term leadership position in the market.

Robotic rehabilitation equipment is mostly used in rehabilitation clinical facilities. There is a huge opportunity for launching a homecare equipment market if it is done through sports clubs rather than through clinical facilities. People expect insurance to pay for medical equipment but are willing to spend bundles on sports trainer equipment for the home. Rehabilitation robots can help stroke patients years after an event, so it makes a difference if someone keeps working to improve their functioning.

Vendors will very likely have to develop a strong rehabilitation robotic market presence as these devices evolve a homecare aspect. The expense of nursing home rehabilitation has been very high, limiting the use of rehabilitation to a few weeks or months at the most.

Rehabilitation robots realistically extend the use of automated process for rehabilitation in the home. The availability of affordable devices that improve mobility is not likely to go unnoticed by the sports clubs and the baby boomer generation, now entering the over 65 age group and seeking to maintain lifestyle.

As clinicians realize that more gains can be made by using rehabilitation robots in the home, the pace of acquisitions will likely pick up.

Rehabilitation robot market size at $641 million in 2018 is expected grow dramatically to reach $6.4 billion by 2025. Exoskeleton markets will be separate and additive to this market. A separate exoskeleton market will create more growth. Market growth is a result of the effectiveness of robotic treatment of muscle difficulty. The usefulness of the rehabilitation robots is increasing. Doing more sophisticated combinations of exercise have become more feasible as the technology evolves. Patients generally practice 1,000 varied movements per session. With the robots, more sessions are possible.

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Companies Profiled

Market Leaders

DJO Global

DIH / Hocoma

Performance Health / Patterson Medical

AlterG

Ekso Bionics

ReWalk Robotics

Myomo

Bionik / Interactive Motion Technologies

Intuitive Surgical

Market Participants

Berkley Robotics and Human Engineering Laboratory

Biodex

Bioness

Catholic University of America

Biodex

Bioness

DJO Global

Fanuc

Focal Meditech

Furniss

Hocoma

Honda Motor

Instead Technologies

Invacare

iRobot

Interactive Motion Technologies (IMT)

InMotion Robots

Interaxon

KDM

Kinova

KLC Services

Medi

MRISAR

Orthocare Innovations

Patterson

ProMed Products Xpress

Reha-Stim

Robotdalen

RSL Steeper

RU Robots

Secom

Sunrise Medical

Touch Bionics

Tyromotion

Report Methodology

This is the 808th report in a series of market research reports that provide forecasts in communications, telecommunications, the internet, computer, software, and telephone equipment. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary databases. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participation in the segment. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, and companies seeking to develop measurable market share. Over 200 in-depth interviews are conducted for each report with a broad range of key participants and opinion leaders in the market segment.

About the Company

WinterGreen Research, founded in 1985, provides strategic market assessments in telecommunications, communications equipment, health care, and advanced computer technology. Industry reports focus on opportunities that will expand existing markets or develop major new markets. The reports assess new product and service positioning strategies, new and evolving technologies, and technological impact on products, services, and markets. Market shares are provided. Leading market participants are profiled, and their marketing strategies, acquisitions, and strategic alliances are discussed. The principals of WinterGreen Research have been involved in analysis and forecasting of international business opportunities in telecommunications and advanced computer technology markets for over 30 years.

About the Principal Authors

Ellen T. Curtiss, Technical Director, co-founder of WinterGreen Research, conducts strategic and market assessments in technology-based industries. Previously she was a member of the staff of Arthur D. Little, Inc., for 23 years, most recently as Vice President of Arthur D. Little Decision Resources, specializing in strategic planning and market development services. She is a graduate of Boston University and the Program for Management Development at Harvard Graduate School of Business Administration. She is the author of recent studies on worldwide telecommunications markets and the Top Ten Telecommunications market analysis and forecasts.

Susan Eustis, President, co-founder of WinterGreen Research, has done research in communications and computer markets and applications. She holds several patents in microcomputing and parallel processing. She is the author of recent studies of the Service Oriented Architecture (SOA) marketing strategies, Internet software, a study of Push to Talk Equipment, Worldwide Telecommunications Equipment, Top Ten Telecommunications, Digital Loop Carrier, Web Hosting, Business Process Management, Servers, Blades, the Mainframe as a Green Machine, and Application Server markets. Ms. Eustis is a graduate of Barnard College.